China Leads Global Surge in Energy Storage Battery Production

China Leads Global Surge in Energy Storage Battery Production

The global energy storage market is experiencing rapid growth. Chinese energy storage companies, supported by favorable policies, technological innovation, and a complete industrial chain, are witnessing a surge in overseas orders, covering businesses in over 50 countries. Competition among companies is shifting from price-driven to technology-driven, with active expansion into emerging markets. The Chinese energy storage industry is playing a leading role in the global energy transition.

US Nonmanufacturing Sector Marks 20 Months of Growth

US Nonmanufacturing Sector Marks 20 Months of Growth

The U.S. ISM Non-Manufacturing Index (NMI) registered 52.7 in July, according to the Institute for Supply Management (ISM). Although slightly lower than the previous month, it marks the 20th consecutive month of growth. This indicates strong resilience in the non-manufacturing sector, continuously injecting momentum into economic growth and providing robust support for economic recovery. The sustained expansion highlights the sector's crucial role in bolstering the overall economic landscape.

US Nonmanufacturing Sector Expands Steadily in May ISM

US Nonmanufacturing Sector Expands Steadily in May ISM

The Institute for Supply Management (ISM) reported robust growth in the U.S. non-manufacturing sector for May, with the NMI index reaching 56.9, marking the 112th consecutive month of expansion. Eleven industries experienced growth, with a notable increase in the employment indicator. Experts suggest that despite challenges like trade tensions, consumer confidence and low inflation are providing tailwinds for the economy. Overall, the non-manufacturing sector is outperforming the manufacturing sector.

US Service Sector Expands in September Amid Economic Concerns

US Service Sector Expands in September Amid Economic Concerns

The US Services PMI reached 54.9 in September, a 12-month high, signaling economic expansion. However, the employment index declined, and inflationary pressures remain a concern. Experts are closely monitoring the retail sector's recovery and the potential impact of port strikes. The situation presents both opportunities and challenges for the US economy. The strong PMI reading suggests resilience, but sustained inflation and labor market uncertainties require careful attention.

US Manufacturing Activity Holds Steady Amid Minor Decline

US Manufacturing Activity Holds Steady Amid Minor Decline

Although the US ISM Manufacturing PMI edged down slightly in February, it remained above the 50 threshold, indicating continued expansion in the manufacturing sector. Key indicators such as new orders, production, and employment all maintained growth. Rising prices and faster delivery speeds reflect adjustments in supply and demand. Analysis suggests the manufacturing industry is developing steadily. Businesses should adapt flexibly to market changes, and the government needs to provide continuous support.

Descartes Buys Netchb to Strengthen Global Ecommerce Logistics

Descartes Buys Netchb to Strengthen Global Ecommerce Logistics

Descartes' acquisition of NetCHB aims to strengthen cross-border e-commerce compliance capabilities and accelerate the expansion of its global logistics network. NetCHB possesses advanced technology in customs declaration automation, and its customer base can create synergies with Descartes. This acquisition will accelerate the digital transformation of logistics and improve the efficiency of cross-border trade. Descartes is expected to lead new trends in cross-border e-commerce compliance.

01/30/2026 Logistics
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Kenco Expands North American Logistics with Drexel Acquisition

Kenco Expands North American Logistics with Drexel Acquisition

Kenco's acquisition of Drexel I expands its North American logistics footprint. The addition of a new Canadian warehouse strengthens its B2B and B2C service offerings, enhancing overall competitiveness. This acquisition represents a key strategic move for Kenco in the North American market, allowing for greater reach and improved service capabilities. The expansion will enable Kenco to better serve its existing clients and attract new business opportunities within the region.

01/30/2026 Logistics
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Yiwu Firms Gain Free Crossborder Ecommerce Tools for Global Growth

Yiwu Firms Gain Free Crossborder Ecommerce Tools for Global Growth

Shoptop partnered with Big Data Cross-border to hold a summit in Yiwu, focusing on peak season overseas expansion for cross-border e-commerce. Shoptop experts shared strategies for building and operating independent websites, providing free website building and full-site SEO services to sellers in Yiwu and across the country. This initiative aims to help small commodity businesses build branded independent websites and expand into overseas markets.

Amazon Opens Two Ohio Fulfillment Centers Adding 2500 Jobs

Amazon Opens Two Ohio Fulfillment Centers Adding 2500 Jobs

Amazon announced the construction of two new fulfillment centers in Ohio, creating over 2,500 jobs and boosting the regional economy. These centers, spanning over 700,000 square feet, will utilize automation technology for storing, sorting, and distributing smaller items. Amazon's continued investment in logistics infrastructure aims to shorten delivery times, reduce operational costs, and improve service quality. Furthermore, this expansion will empower small and medium-sized businesses through Fulfillment by Amazon (FBA).

02/04/2026 Logistics
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US Rail Freight Volumes Rebound in Early August

US Rail Freight Volumes Rebound in Early August

US rail freight and intermodal volumes both increased, driven by commodities such as grain, coal, and motor vehicles. Year-to-date cumulative growth suggests an ongoing economic recovery. The rise in rail shipments indicates increased industrial activity and consumer demand, reflecting positive momentum in the overall economy. This growth highlights the importance of rail as a key transportation mode for moving goods across the country and supporting economic expansion.

02/04/2026 Logistics
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